The Trade Surplus Has Been Reduced Sharply, And Export Enterprises Have Worked Hard To Rebuild Their Internal Strength.
Data released by the General Administration of Customs in July 10th showed that China's cumulative trade surplus in the first half of this year was 99 billion 30 million US dollars, down 11.8% from the same period last year, and a net decrease of US $13 billion 210 million.
Among them, the trade surplus in June was 21 billion 350 million US dollars, down 20.6% compared to the same period last year, a net decrease of US $5 billion 540 million.
In June, the sharp drop in trade surplus was an earthquake for small and medium-sized export enterprises.
"Earthquake disaster" can not be avoided, and will continue to "aftershocks" in the future. How to improve internal strength, better carry out "post disaster reconstruction", minimize losses, and even take this as an opportunity to achieve "bath fire rebirth" has become a top priority for such enterprises.
Cumulative effects eventually erupt
From the reasons for the sharp decrease in trade surplus, the proportion of exports falling sharply is obviously larger than that of import growth.
Of course, one of the objectives of China's tightening monetary policy is to reduce the trade surplus, especially the exportation of the economy which is too much to rely on.
However, the decline in exports in June was not entirely the result of macroeconomic regulation, nor was it due to monetary tightening.
It is caused by a series of reasons, including the global economic slowdown, the sharp rise in energy and basic raw material prices, the increase in pport and labor costs, the appreciation of the RMB exchange rate and the tightening of the currency.
In fact, small and medium-sized enterprises and foreign-funded enterprises in Jiangsu, Zhejiang, Shanghai, Guangdong and Shandong have shown signs of weakness since the beginning of last year's subprime debt crisis, especially in the food processing and garment industry as well as in some areas.
The reason why it did not appear in the GDP and export trade data before May was mainly reflected by the slow reaction of state-owned enterprises and the rush export of a large number of enterprises at the beginning of the year.
In fact, many factors are deteriorating and can not be unexposed. Finally, they appear in the data of June.
Hard work and hard work to rebuild
The difficulties of enterprises are not entirely due to the tight domestic financial policies. Therefore, we cannot hope for the adjustment of national policies.
Because of the serious inflation situation, monetary policy can not be turned into lax at once, and the economic slowdown of neighboring countries, especially the US and Europe, is almost inevitable for further deceleration of exports.
Therefore, most small and medium-sized enterprises want to survive in difficulties, and expect the policy rescue to accelerate their efforts.
The state can only adjust the policy to make the economy not suddenly slow down, and there will be no ups and downs; and because of the rising cost and fierce competition in export orders, it can only be overcome through industrial upgrading, merger and reorganization.
In other words, as most small and medium enterprises in China are at the low end of the industrial value chain, they are greatly affected by the appreciation of the renminbi and the rising cost of the enterprises. These two trends are not completely solved by relaxing macro-control.
The pace of RMB appreciation can not be stopped, and the cost of production factors will continue to rise.
It is inevitable for export enterprises to enter the freezing period.
To get orders and make profits, we must endure the sharp pain of industrial upgrading or even be eliminated and reorganized.
In the background of bad environment, living is life.
In the case of a bad international environment, a response is to make the small and medium-sized enterprises accustomed to export, especially the manufacturing industry and the general processing industry, instead of turning their attention to the domestic market.
China's economic operation in the second half and even the following year must be the reconstruction of the disaster area.
At present, many enterprises in the world are aiming at the huge business opportunities in the reconstruction of China's disaster areas.
The Ministry of finance has initially predicted that the reconstruction of the disaster area may invest more than one trillion yuan.
Therefore, the West does not brighten the East, and bad things may turn out to be good. China's economic leeway is very large. For enterprises, opportunities are not without them.
- Related reading
Export Tax Rebate Rate To 13% Wuxi Textile Enterprises Annual Revenue Increased By 15 Million U.S. Dollars
|- 24-hour non-stop broadcasting | Xinjiang National Costume Is Increasingly Popular In The Central Asian Market.
- Macro economy | France'S Latest Policy: Export Shoes And Clothing Bags Must Be Labelled.
- Industry stock market | Apparel Textile A Shares And Hong Kong Stocks Were Slightly Better Than The First Quarter In The Two Quarter.
- Fashion blog | 今夏高腰短褲潮搭 拯救矮短粗
- Fashion character | The Beauty Of The Summer Wears The Same Style.
- quotations analysis | Analysis Of The Advantages Of Clothing Enterprises Combined With E-Commerce
- Recommended topics | 設計師唐納-卡倫:休閑是一種生活方式
- financial news | July 20, 2012 Institutional Watch - Cotton Futures
- Information Release of Exhibition | The Eighth China Chongqing International Fashion Festival Will Be Held In Mid December.
- Industry stock market | Nearly 7 Of Spin Off Enterprises Reported Losses In Advance, Executives Concentrated Cash.
- Knitting Industry In Bangladesh: To Raise Wages By 15%
- Export Tax Rebate Rate To 13% Wuxi Textile Enterprises Annual Revenue Increased By 15 Million U.S. Dollars
- The Shenyang Girls' Opening Ceremony Is Beautiful And Smiling.
- Beijing Olympic Games World Clothing: Japan'S Sexiest
- Nine Lun Costumes: Look At The World And Make Big Exports
- Mei Bang Clothing - Leisure Wear Leading Enterprises
- AOKANG: 3 Hundred Million Olympic Marketing
- Let The World Fall In Love With The Treasure Of The Earth.
- Home Textile Industry: Pformation Is Imperative
- Dyeing And Finishing Industrial Park Settled In Han Ling Industrial Park